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            Our strategy for the future: Energiewende. Safe. Hands on.
            The rapid structural upheaval in the energy industry has led to drastically lower earnings, above all from conventional power plants that previously formed the main pillar of the traditional energy supply companies. We decided at an early stage: We want to play a leading role in reshaping the energy system. Our strategy supports the German Energiewende and opens up long-term growth options for us. The expansion of renewable energies, the necessary restructuring of our grids as a result and the broadening of our services are the hallmarks of our strategy.

            Financial Strategy

            Objectives

            Financing facilities

            Hybrid bonds
            Syndicated credit line
            Bilateral free credit lines
            € 7 billion
            thereof € 2.7 billion drawn*
            € 2 billion*
            € 2 billion
            thereof € 600 m utilized
            € 1.5 billion
            undrawn
            Maturity date: 2021
            € 0.921 billion*

            *Rounded figures

            Maturities of EnBw's bonds
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